If you’re planning a new practice or a new program and don’t know when you’re going to “break even” on your investment, here’s a word of advice: Don’t start until you have the numbers.
Running a simple breakeven calculation will help you to optimize your business decisions based on the length of time, number of units sold, or total revenue necessary in order for your endeavor to cover the upfront investment – a calculation that can easily yield a project savings of thousands of dollars or more.
This easy-to-use breakeven analysis calculator, available within the Vantage Clinical Solutions Online Toolbox, will take a few simple inputs and turn them into valuable information you can use to know what to expect as you start your new venture
Click here to download the breakeven analysis tool. The download is free, and sure to provide you with useful information about the prospects of your planned endeavor.